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ESAB Snapshot
ESAB is a premier global fabrication and specialty gas control technology company focused on welding technology, advanced equipment, consumables, specialty gas control, robotics, and digital solutions. In April 2022, we officially completed our spin-off from Enovis Corporation, formerly known as Colfax Corporation, to become an independent publicly-traded company.
With locations in more than 50 countries, 9000 employees and expected revenue of approximately $2.2 billion in 2021, the spin-off enhances ESAB’s leadership in global industrial markets and shapes the business for increased market share through innovation and commercial excellence.
The story of ESAB is the story of welding. When our founder Oscar Kjellberg developed the world's first coated welding electrode in 1904, he launched a company whose innovation and uncompromising standards have helped create the history of welding itself. For more than 100 years, ESAB has been powered by the will to continuously seek new and improved ways of serving our customers. This has made ESAB a world leader in consumable products and equipment for use in the cutting, joining and automated welding, as well as gas control equipment, providing a wide range of products with innovative technologies to solve challenges in a wide range of industries. We have a global footprint, with production facilities in Europe, North America, South America, and Asia.
In 2012, ESAB was acquired by Colfax Corporation. Colfax, like ESAB, is a solidly customer-focused company that places strong emphasis on constant innovation and improvement. Since Colfax’s founding in 1995 by Steve and Mitch Rales (the founders of Danaher Corporation and its spin-off Fortive), Colfax has grown through a series of acquisitions and organic growth. At Colfax’s core is its Business System (“CBS”) which is modeled on the Danaher Business System and is the foundation of our culture. CBS is combination of our values, practices, processes, and tools. Associates are empowered to use CBS to drive continuous improvement and pursue growth in sales, profit and cash flow. ESAB invests heavily in innovation, and its businesses are generally regarded as leaders in their markets. The Company has completed over 30 acquisitions to strengthen its businesses and accelerate their growth.
With locations in more than 50 countries, 9000 employees and expected revenue of approximately $2.2 billion in 2021, the spin-off enhances ESAB’s leadership in global industrial markets and shapes the business for increased market share through innovation and commercial excellence.
The story of ESAB is the story of welding. When our founder Oscar Kjellberg developed the world's first coated welding electrode in 1904, he launched a company whose innovation and uncompromising standards have helped create the history of welding itself. For more than 100 years, ESAB has been powered by the will to continuously seek new and improved ways of serving our customers. This has made ESAB a world leader in consumable products and equipment for use in the cutting, joining and automated welding, as well as gas control equipment, providing a wide range of products with innovative technologies to solve challenges in a wide range of industries. We have a global footprint, with production facilities in Europe, North America, South America, and Asia.
In 2012, ESAB was acquired by Colfax Corporation. Colfax, like ESAB, is a solidly customer-focused company that places strong emphasis on constant innovation and improvement. Since Colfax’s founding in 1995 by Steve and Mitch Rales (the founders of Danaher Corporation and its spin-off Fortive), Colfax has grown through a series of acquisitions and organic growth. At Colfax’s core is its Business System (“CBS”) which is modeled on the Danaher Business System and is the foundation of our culture. CBS is combination of our values, practices, processes, and tools. Associates are empowered to use CBS to drive continuous improvement and pursue growth in sales, profit and cash flow. ESAB invests heavily in innovation, and its businesses are generally regarded as leaders in their markets. The Company has completed over 30 acquisitions to strengthen its businesses and accelerate their growth.
